Mandatory Prepayments of Revolving Loan Sample Clauses

Mandatory Prepayments of Revolving Loan. The Borrower shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) in order to cover any Borrowing Base Deficiency.
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Mandatory Prepayments of Revolving Loan. Subject to the provisions of Section 2.6.4(Indemnity) and in addition to any mandatory prepayment required by the provisions of Section 2.2.3 (Term Loan Mandatory Prepayments), upon the request of the Agent pursuant to Section 2.1.3 (Borrowing Base), the Borrower shall make mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in order to cover any Borrowing Base Deficiency.
Mandatory Prepayments of Revolving Loan. The Borrower shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan as follows: (a) the Borrower shall make Revolving Loan Mandatory Prepayments at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) of this Agreement in order to cover any Borrowing Base Deficiency and in order to cover any deficiency under Section 2.1.12 (Required Availability under the Revolving Credit Facility), and (b) during the Special Availability Amortization Period, the Borrower shall make weekly Revolving Loan Mandatory Prepayments (each a "Special Availability Loan Mandatory Prepayment"), at such times and in such manner as the Lender, in its sole discretion, shall determine, each of which Special Availability Loan Mandatory Prepayments shall be applied to the payment of Special Availability Loans and each of which Special Availability Loan Mandatory Prepayments shall be in an amount equal to the greater of (i) ten percent (10%) of the amount of the Borrower's Eligible Receivables as at the end of any week that have arisen during the Special Availability Amortization Period, and (ii) Two Hundred Seventy Thousand Dollars ($270,000).
Mandatory Prepayments of Revolving Loan. The Borrower shall make the mandatory prepayments of principal (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan without penalty at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) of this Agreement in order to cover any Borrowing Base Deficiency.
Mandatory Prepayments of Revolving Loan. (i) If at any Determination Date, the aggregate principal amount of the Obligations that are Revolving Loans and Swing Loans, plus the Letter of Credit Obligations (collectively, the “Principal Obligations”) shall exceed the lesser of (x) the Aggregate Revolving Loan Commitment Amount and (y) the Borrowing Base Amount, Borrowers shall within thirty (30) days after such determination, make a prepayment on the Revolving Loan in an amount equal to such excess, or provide additional Borrowing Base Collateral with a Borrowing Base Amount equal to or greater than such excess.
Mandatory Prepayments of Revolving Loan. Subject to the provisions of Section 2.9.4 (Indemnity) and in addition to any mandatory prepayment required by the provisions of Section 2.2.3 (Term Loan Mandatory Prepayments), upon the request of the Agent pursuant to Section 2.1.3 (Borrowing Base) or Section 2.1.12 (Required Availability under the Revolving Credit Facility), the Borrower shall make mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in order to cover any Borrowing Base Deficiency or to ensure compliance with Section 2.1.12, as applicable.
Mandatory Prepayments of Revolving Loan. The Borrower shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan in the following amounts and at the following times:
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Mandatory Prepayments of Revolving Loan. Subject to the provisions of Section 2.1.11 (Early Termination Fee) and Section 2.3.4 (Indemnity), the Borrower shall make the mandatory prepayments of the Revolving Loan (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") in the following amounts and at the following times:
Mandatory Prepayments of Revolving Loan. (i) If at any Determination Date, the aggregate principal amount of the Obligations that are Revolving Loans and Swing Loans, plus the Letter of Credit Obligations (the "Principal Obligations") shall exceed the lesser of (x) the Aggregate Revolving Loan Commitment Amount and (y) the Borrowing Base Amount, minus the then outstanding principal balance of the Term Loan for such date, Borrowers shall within thirty (30) days after such determination, make a prepayment on the Revolving Loan or Term Loan in an amount equal to such excess, or provide additional Borrowing Base Collateral with a Borrowing Base Amount equal to or greater than such excess (provided that the Borrowers shall not be entitled to provide such additional Borrowing Base Collateral pursuant to this clause (B) unless the Borrowing Base Amount, after giving effect to such additional Borrowing Base Collateral, is less than the Aggregate Revolving Loan Commitment Amount).
Mandatory Prepayments of Revolving Loan. If the aggregate --------------------------------------- outstanding principal amount of the Revolving Loan exceeds on any date the aggregate amount of the Loan Commitment on such date, the Borrower shall cause the respective Revolving Loan to be repaid on such date in an aggregate principal amount at least equal to such excess.
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